Momodou Musa Touray

1 week ago | moneymarketing.co.uk | Dan Cooper |Ian McKenna |ian mckenna |Momodou Musa Touray

Continuum saw assets under influence grow by 21% year-on-year for the quarter ended 31 March 2025 to hit a new high of £2.5bn. Its annualised turnover projection also increased, by 24%, in the first quarter. Adviser numbers for the partnership also continued to grow, with the firm having 77 advisers across the UK and Ireland as of 31 March. Average adviser productivity rose by 12% to over £222,883 as advisers and clients both continued to benefit from the advice firm’s client-first propositions.

1 week ago | moneymarketing.co.uk | Rob Burdett |Steven D. Levin |Momodou Musa Touray |Darius McQuaid

As another quarter draws to a close, attention turns to the assets that soared and those that stumbled. Among the standout performers was the seemingly weighty and unwieldy gold, which rose 19% in USD terms — its best quarterly gain since 1986. In contrast, Bitcoin, often dubbed ‘digital gold’, fell more than 12%. With headlines dominated by tariffs, conflict zones, DeepSeek’s AI launch and the Magnificent Seven slipping into bear territory, perhaps gold’s tangible solidity offered some comfort.

1 week ago | moneymarketing.co.uk | Ian Richards |Momodou Musa Touray |Salome Asabre

The Financial Conduct Authority may use regulatory tools such as sanctions and voluntary requirements if firms fail to adequately take steps to ensure they can justify their ongoing fees, Isio strategic adviser Ritchie Thomson has warned. Thomson joined Isio in March, having worked as a supervision projects manager at the FCA for 20 years. While at the regulator, he led its supervisory work for the advice sector, including establishing the team overseeing defined benefit (DB) pension transfers.

1 week ago | moneymarketing.co.uk | Darius McQuaid |Andy Hart |Momodou Musa Touray

M&G has partnered with platform technology provider FNZ, paving the way for greater access to its flagship £64bn PruFund range through many of the UK platforms. FNZ works with over 650 financial institutions and more than 12,000 wealth management firms. The partnership means that the PruFund range will become available later this year on FNZ-powered platforms, supported by FNZ’s Q-Hub technology. This will allow M&G to expand its distribution reach onto third-party platforms for the first time.

1 week ago | moneymarketing.co.uk | Momodou Musa Touray

CPI inflation fell to 2.6% in March – down from 2.8% in February and 3% in January, in line with market expectations. On a monthly basis it was 0.3%, compared with 0.6% a year earlier. Core CPI (excluding energy, food, alcohol and tobacco) was 3.4%, down slightly from 3.5% in February, and services inflation was down at 4.7%, compared with 5% in February.